NEW YORK, NY — Chase Home Lending is offering a limited-time mortgage rate sale that gives qualified borrowers a discount on new purchase and refinance loans. The promotion began Sept. 14 and is scheduled to run through Oct. 4.
The offer is open to new and existing Chase customers across the country. Qualified homebuyers and homeowners can receive up to 0.25% off their rate, although the size of the discount depends on the state.
The timing matters because borrowing costs have been elevated this year. For households trying to buy or refinance, even a small pricing break can change the monthly payment enough to influence whether a loan fits the budget.
Who can qualify for the Chase discount and how it works
The bank says the sale applies to eligible new purchase and refinance mortgages. That means both buyers entering the market and current owners looking to replace an existing loan may be able to use it if they meet Chase’s program requirements.
Chase also says the discount is not uniform nationwide. The amount a borrower receives varies by state, which means the headline 25-basis-point figure represents the maximum rather than a guaranteed cut for every applicant.
Borrowers still need to meet the lender’s eligibility standards. The company has framed the promotion as a temporary pricing incentive rather than a broad across-the-board rate change, so final terms still depend on the loan file.
The promotion can stack with other Chase lending offers
Chase says the limited-time sale may be combined with other home lending offers, grants and discounts when program rules allow it. That gives some borrowers a chance to lower their financing costs by using more than one Chase incentive at the same time.
One example is the lender’s Relationship Pricing discount program. Under that program, borrowers can get a lower mortgage rate based on how much money they keep in or move into eligible Chase deposit and investment accounts.
That structure matters for customers who already use the bank for checking, savings or investing. For those households, the mortgage offer may be most valuable when paired with existing banking relationships, though the final benefit still depends on the terms of each program.
This is Chase’s third mortgage promotion in 2026
The September sale is not Chase’s first mortgage promotion this year. In May, the lender ran a rate promotion for purchase mortgages and refinances, including cash-out loans.
Earlier in March, Chase also offered a limited-time rate sale for new purchase and refinance loans. In August 2025, the company offered temporary discounts on purchase loans.
The pattern suggests Chase has repeatedly used short-term pricing campaigns to compete for borrowers during periods when mortgage demand has been sensitive to rate changes. For consumers, that can mean opportunities come and go quickly rather than remaining available all year.
Mortgage rates were already near a 2026 peak when the sale began
The promotion arrived as mortgage rates had already climbed to a 2026 high. As of Sept. 11, 30-year conforming loans averaged 7.08%, according to HousingWire’s Mortgage Rates Center.
Other long-term loan types were also elevated. Thirty-year jumbo loans averaged 7.11%, while 30-year Federal Housing Administration loans averaged 6.79% on the same date.
Those rates help explain why lenders may be leaning on discounts and special offers. When base market rates are high, even a modest lender reduction can become a useful tool for attracting borrowers who are comparing monthly costs closely.
What the limited-time sale could mean for buyers and homeowners
For would-be buyers, the Chase promotion could slightly improve affordability at a time when monthly payments are still stretched by higher borrowing costs. For homeowners refinancing, the discount may help make a refinance easier to justify if the new loan terms improve the overall payment or structure.
Still, the offer is temporary and limited. Borrowers would need to act before Oct. 4 and satisfy Chase’s conditions to capture the savings.
In practical terms, the sale is a reminder that mortgage pricing can shift quickly, especially when lenders are trying to stand out in a high-rate environment. Anyone considering a purchase or refinance will still need to compare the Chase offer with other loan options and closing costs.
More on what homes, rents and new builds are doing near you, on RHS Commoner.
